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New Bill Repeals Certain ACA Taxes and Fees

Legislative Alert

1 minute read

President Trump signed a spending bill into law. The bill prevents a government shutdown and repeals three fees and taxes under the Affordable Care Act (ACA). They include:

  • Medical devices excise tax – 2.3% tax on the sales price of certain medical devices (starting in 2020)
  • Cadillac tax – 40% tax on high-cost group health coverage (starting in 2020)
  • Health insurance providers fee – an annual, nondeductible fee on the health insurance sector (starting in 2021)

The bill also extends PCORI fees to fiscal years 2020-2029.

Download the bulletin for more details. Stay tuned to our blog for the latest in legislative news and more.

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National Insurance Services is not a law firm and no opinion, suggestion, or recommendation of the firm or its employees shall constitute legal advice. Readers are advised to consult with their own attorney for a determination of their legal rights, responsibilities and liabilities, including the interpretation of any statute or regulation, or its application to the readers’ business activities.

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Bill Enright

Bill Enright

Bill Enright believes in bottom-line honesty while empowering his customers with the knowledge they need to feel confident in their decisions. He is a 30+ year veteran with employee benefits expertise from insurance carrier to benefits consultant. Bill has been published on the topic of healthcare reform and has served on advisory committees and insurance reform lobbying groups at the state and national level. As an Employee Benefit Consultant in the Midwest Region, Bill will be working with both public and private sector schools, cities, and counties in Wisconsin. He is a licensed insurance agent and is a Certified Patient Protection and Affordable Care Act Professional (National Association of Health Underwriters).